date:Jun 23, 2014
oducts firm International Company for Agro-Industrial Projects (Beyti), a subsidiary of International Dairy Juice Ltd, which is owned 52 percent by Almarai and the remainder by Pepsico.
Most of the money would come from equity injections by the joint venture partners in line with their ownership ratios, while Beyti would take on some debt.
Almarai will finance its investment through its own cash flow, with the financial impact gradually reflected on its group balance sheet between the third